Schedules to the financial statements for the year ended March 31, 2011

23.2.12. Cash and bank balances

The details of balances as on Balance Sheet dates with non-scheduled banks are as follows :

in crore

Balances with non-scheduled banks

As at March 31,

2011

2010

In current accounts

ANZ Bank, Taiwan

3

2

Bank of America, U.S.

274

644

Citibank NA, Australia

61

24

Citibank NA, New Zealand

–

–

Citibank NA, Thailand

1

1

Citibank NA, Japan

17

2

Deutsche Bank, Belgium

5

18

Deutsche Bank, Germany

5

12

Deutsche Bank, Moscow (U.S. dollar account)

–

1

Deutsche Bank, Netherlands

2

7

Deutsche Bank, France

3

1

Deutsche Bank, Switzerland

1

10

Deutsche Bank, Switzerland (U.S. dollar account)

–

1

Deutsche Bank, Singapore

3

1

Deutsche Bank, U.K.

40

29

Deutsche Bank, Spain

1

2

HSBC Bank, U.K.

1

1

Nordbanken, Sweden

4

–

Royal Bank of Canada, Canada

23

20

444

776

The details of balances as on Balance Sheet dates with scheduled banks are as follows :

in crore

Balances with scheduled banks in India

As at March 31,

2011

2010

In current accounts

Citibank – Unclaimed dividend account

1

–

Deustche Bank

11

12

Deustche Bank – EEFC (Euro account)

8

3

Deustche Bank – EEFC (U.S. dollar account)

141

8

Deutsche Bank – EEFC account in Swiss Franc

2

–

HDFC Bank – Unclaimed dividend account

1

1

ICICI Bank

18

121

ICICI Bank – EEFC (U.S. dollar account)

14

7

ICICI bank – Unclaimed dividend account

1

1

197

153

In deposit accounts

Allahabad Bank

500

100

Andhra Bank

399

99

Axis Bank

476

–

Bank of Baroda

1,100

299

Bank of India

1,197

881

Bank of Maharashtra

488

500

Barclays Bank

–

100

Canara Bank

1,254

958

Central Bank of India

354

100

Corporation Bank

295

276

DBS Bank

–

49

HDFC Bank

646

–

HSBC Bank

–

483

ICICI Bank

689

1,370

IDBI Bank

716

900

ING Vysya Bank

–

25

Indian Overseas Bank

500

131

Jammu and Kashmir Bank

12

10

Kotak Mahindra Bank

25

25

Oriental Bank of commerce

578

100

Punjab National Bank

1,493

994

State Bank of Hyderabad

225

200

State Bank of India

449

126

State Bank of Mysore

354

496

South Indian Bank

25

–

Syndicate Bank

500

458

Union Bank of India

631

93

Vijaya Bank

95

95

Yes Bank

23

–

13,024

8,868

Total cash and bank balances as per Balance Sheet

13,665

9,797

The details of maximum balances during the year with non-scheduled banks are as follows :

in crore

Maximum balance with non-scheduled banks during the year

Year ended March 31,

2011

2010

In current accounts

ANZ Bank, Taiwan

3

–

ABN AMRO Bank, Taiwan

–

4

Bank of America, U.S.

927

694

BNP Paribas Bank, Norway

1

–

Citibank NA, Australia

156

134

Citibank NA, New Zealand

7

5

Citibank NA, Singapore

–

45

Citibank NA, Japan

21

17

Citibank NA, Thailand

4

1

Deutsche Bank, Belgium

23

47

Deutsche Bank, Germany

36

31

Deutsche Bank, Netherlands

19

20

Deutsche Bank, France

9

6

Deutsche Bank, Moscow (RUB account)

2

–

Deutsche Bank, Moscow (U.S. dollar account)

1

1

Deutsche Bank, Spain

4

5

Deutsche Bank, Singapore

18

15

Deutsche Bank, Switzerland

93

39

Deutsche Bank, Switzerland (U.S. dollar account)

11

14

Deutsche Bank, U.K.

125

183

HSBC Bank, U.K.

2

8

Morgan Stanley Bank, U.S.

6

8

Nordbanken, Sweden

4

–

Royal Bank of Canada, Canada

47

28

Standard Chartered Bank, UAE

5

4

Svenska Handelsbanken, Sweden

3

3

The Bank of Tokyo – Mitsubishi UFJ Ltd., Japan

4

2

23.2.13. Loans and advances

Deposits with financial institutions :

in crore

Particulars

As at March 31,

2011

2010

HDFC Limited

1,500

1,500

Life Insurance Corporation of India (LIC)

344

281

1,844

1,781

The maximum balance (including accrued interest) held as deposits with financial institutions is as follows :

in crore

Particulars

Year ended March 31,

2011

2010

Deposits with financial institutions :

HDFC Limited

1,619

1,550

Life Insurance Corporation of India

431

281

Deposit with LIC represents amount deposited to settle employee benefit obligations as and when they arise during the normal course of business (refer to note 23.2.23.b.).

23.2.14. Fixed assets

Profit / (loss) on disposal of fixed assets during the year ended March 31, 2011 and March 31, 2010 is less than 1 crore and accordingly disclosed under note 23.3.

Depreciation charged to the Profit and Loss account includes a charge relating to assets costing less than 5,000/- each and other low value assets.

in crore

Particulars

Year ended March 31,

2011

2010

Depreciation charged during the year

33

86

The Company has entered into lease-cum-sale agreements to acquire certain properties. In accordance with the terms of these agreements, the Company has the option to purchase the properties on expiry of the lease period. The Company has already paid 99% of the value of the properties at the time of entering into the lease-cum-sale agreements. These amounts are disclosed as ‘Land – leasehold’ under ‘Fixed assets’ in the financial statements. Additionally, certain land has been purchased for which though the Company has possession certificate, the sale deeds are yet to be executed as at March 31, 2011.